As Xinhuanet reports, the Bank of China announced on Tuesday the establishment of the Trading Centre (London), and launched BOC RMB Bond Trading Index with ceremonies simultaneously held in London, Beijing and Singapore.

The founding of Bank of China Trading Centre (London) is an important step in accordance with the BOC Group's "Global Operation with integrated management" strategy.

The trading centre will provide its clients greater coverage in foreign exchange, derivatives, commodities and fixed income trading. This centre would be the Group's second largest offshore trading centre after Hong Kong, reinforcing the Group's global business network.​...